NVIDIA CorporationImpact on stocks 1
NVIDIA CorporationNvidia's stock has fallen to its cheapest valuation since 2019, with a forward price-to-earnings ratio of 22.6 as of Thursday's close, after briefly trading at about 18 times forward earnings during the decline. The chipmaker has shed roughly $800 billion in market cap since its all-time high in mid-May, though it remains valued near $5 trillion. Despite the sell-off, Nvidia reported record quarterly revenue of $81.6 billion, an 85% year-over-year increase, and holds 97% of the server GPU market for AI chips as of end-2025, according to Bloomberg Intelligence. Management recently raised the quarterly dividend from $0.01 to $0.25 per share and authorized an additional $80 billion buyback program, signaling confidence in returning capital to shareholders.
NVIDIA Corporation